BRIEF-GoTo Gojek Tokopedia And Alibaba Announce Strategic Partnership

Reuters09-17 17:56

Sept 17 (Reuters) - GoTo Gojek Tokopedia PT Tbk

* ALIBABA AND GOTO GROUP ANNOUNCE STRATEGIC PARTNERSHIP

* ALIBABA AND GOTO GROUP ANNOUNCE STRATEGIC PARTNERSHIP TO DRIVE INNOVATION IN INDONESIA'S DIGITAL ECONOMY

* COLLABORATION WILL LEVERAGE ALIBABA CLOUD'S TECHNOLOGIES TO SUPPORT THE EXTENSIVE ECOSYSTEM OF THE CO

* ALIBABA COMMITS TO MAINTAINING CURRENT SHAREHOLDING IN GOTO GROUP THROUGHOUT THE DURATION OF THE PARTNERSHIP

* ALIBABA GROUP HOLDS 88.53 BILLION SERIES A SHARES IN COMPANY AS OF AUGUST 31, 2024

* COMMITTED TO UTILIZE SERVICES OF ALIBABA CLOUD, DIGITAL TECHNOLOGY, INTELLIGENCE BACKBONE OF ALIBABA FOR 5-YEAR PERIOD

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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